Archive for the ‘DealFlow Media’ Category
Crump Group Being Sold to Financial Services Firm BB&T for $570M
The Crump Group, which includes a life settlement brokerage, is being sold to BB&T, a Raleigh, N…
ELSA Says FSA's Proposed Ban Could Hurt Non-Retail Market Players
The European Life Settlement Association (ELSA), in a Feb. 6 letter, warned the Financial Services A…
Coventry Lays Off 12% of Staff, Restructures Capital Markets Team
Coventry laid off about 12% of its 300-employee workforce, most of them in its life settlement busin…
KPMG Requesting Lifemark Be Moved into Judicial Liquidation
As bondholders prepare to vote on an orderly wind-down of Lifemark, the life settlement bond company…
New Jersey Governor Picks Insurance Commissioner
New Jersey Gov. Chris Christie has nominated Ken Kobylowski as the state's insurance and banking com…
Nevada Federal Court Case Allows Insurers to Retain Premiums
A Nevada federal court case holding that insurers can retain premiums in a stranger-originated life …
Mulholland Liquidates His Consulting Firm in Bermuda
Jeff Mulholland, former chairman and chief executive of Insurance Capital Markets who joined Societe…
Secondary Market Players See Improving Business Despite a Pummeling
Secondary market players who remain after the contraction that began more than three years ago are s…
Neuman Takes Leave of Absence from Imperial Holdings
Jonathan Neuman, president and chief operating officer of Imperial Holdings, has taken a voluntary f…
UPDATE: ARM Entertaining Other Offers Following Failed Insetco Deal
ARM Asset-Backed Securities has received other proposals for its $320 million life settlement portfo…